Analysis of a given tool according to given criteria and defined aspects.
Looks like a Bullish Gartley pattern as well. The AB retracement leg should be .618 of XA. The CD leg should be a .786 retracement of XA, or close for a bullish Gartley pattern. Possible stop under first or last bottom, or under D. The first bottom (blue star) is not a deep bottom and appears to be part of a smaller pull back. Falling wedges can be bullish...
Fundamentals My trading algorithm doubled down on KB Home today due to a substantial increase in Wall Street consensus earnings forecasts. I estimate that forward P/E on the stock is about 5, and forward P/S is about 0.6. (But note that my forecasts are more optimistic than the Street consensus, which currently puts forward P/E at 6.7.) I estimate that KBH will...
Expected more growth at pre-market. Lets see what we get after the report. Will be very interesting.
Opened up my position today heading into earnings. KBH looks to benefit with the housing situation. Expecting some good news tomorrow.
Potential breakout out long above $42.00 Target price $48.85
Hello traders, KB HOME is in a fake bearish configuration with a large selling volume especially in the last quarter of an hour of the session. On the TIMEFRAME 1 Min we see a rejection of buyers on a purchase volume, it is going to its next low point. Then start again in its rise, big potential to break the zone of equilibrium, to reach another zone. And go to...
... for a 1.17 credit. Notes: Earnings in 1 with rank/implied at 57/73 and the at the money short straddle paying nearly 15% of the share price. Looking to take profit at 50% max or otherwise manage on side approaching worthless.
EARNINGS: KBH (64/77/15.5%) announces on Wednesday after the close. Pictured here is a Plain Jane, directionally neutral short strangle camped out at the 18 delta strikes paying 1.34 as of Friday close. Look to put on a play on Wednesday before the close, adjusting strikes as necessary to accommodate movement of the underlying between here and then. NKW...
Breakout to the upside Fundamentals to back it up Corona virus might hit it in the short term
Earnings Highlights Source Seeking Alpha KB Home (NYSE:KBH) drops 2.9% in after-hours trading after the homebuilder's fiscal Q4 revenue of $1.56B trailed the consensus estimate of $1.60B. Average selling price of $392.5K for the quarter ended Nov. 30, 2019 slipped from $395.2K in the year-ago quarter. Q4 EPS of $1.31 exceeded the average analyst estimate of...